a. Describe the Enterprise Resource Planning (ERP) System.
b. Outline the major advantages and disadvantages of having an ERP
system within an organization.
c. Explain how an ERP system can improve the evaluation and
analysis of performance metrics. Give an example of a practical
application within any organization (service or manufacturing).
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Answer1:
Enterprise resource coming up with (ERP) is outlined because the ability to deliver Associate in Nursing integrated suite of business applications. ERP tools share a typical method and information model, covering broad and deep operational end-to-end processes, like those found in finance, HR, distribution, producing, service and also the offer chain.
ERP applications automatise and support a spread of body and operational business processes across multiple industries, together with line of business, customer-facing, body and also the quality management aspects of Associate in Nursing enterprise. ERP deployments are complicated and pricey endeavors, and a few organizations struggle to outline the business edges.
Look for business edges in four areas: a catalyst for business innovation, a platform for business method potency, a vehicle for method standardization, and IT value savings. Most enterprises concentrate on the last 2 areas, as a result of they're the simplest to quantify; but, the primary 2 areas usually have the foremost important impact on the enterprise.
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